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Special Court Convicts Broker and Beneficiaries in BMC Bank Securities Fraud; Acquits Employees and Other Brokers. Broker Held Liable for Dishonest Receipt of Stolen Property Under Section 411 IPC, While Beneficiaries Convicted of Cheating Under Section 420 IPC.

The case involved a criminal trial before the Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 19...

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High Court of Karnataka Adjudicates Writ Petitions Against BDA’s Land Acquisition Notifications for Layout Formation. The petitions challenged the preliminary notification under Section 4(1) of the Land Acquisition Act and the final notification under the BDA Act.

A batch of writ petitions was filed before the High Court of Karnataka under Articles 226 and 227 of the Constitution of India. The petitioners, who a...

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High Court of Karnataka Considers Writ Petitions Against Land Acquisition Notifications for Nadaprabhu Kempegowda Layout; Petitioners Seek Quashing of Preliminary and Final Notifications Under BDA Act, 1976.

Multiple writ petitions were filed under Articles 226 and 227 of the Constitution of India by various landowners challenging land acquisition proceedi...

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Supreme Court Allows Appeal in IBC Limitation Dispute — Application Under Section 7 Held Barred by Limitation. Acknowledgment of Debt in Balance Sheets Does Not Extend Limitation for Initiating CIRP Under IBC.

The Supreme Court allowed the appeal filed by Babulal Vardharji Gurjar, a director of Veer Gurjar Aluminium Industries Pvt. Ltd., against the order of...

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Supreme Court Adjudicates Appeal by Subsequent Purchasers Against Decree of Specific Performance of Agreement to Sell. High Court's Ruling That Original Vendees Were Entitled to Specific Performance Despite Contract Termination and Subsequent Sale Is Under Review.

These appeals before the Supreme Court arose from a common judgment of the High Court of Karnataka which allowed two appeals filed by the original ven...